12-24-2010, 04:20 AM
No help for you but for comparison purposes, my state (MN) has an insurer of last resort that my daughter has had for the last 20 years (she will be 21 in July.) She is the policy holder. I wistfully remember at one time paying $86 a month with a $300 deductible. She has had two kidney transplants paid by this plan. Now the rate is $208.15/month/$2k deductible. Here is a pdf of the current rates:
http://www.mchamn.com/docs/10_std_rates.pdf
There is a six month pre-existing exclusion and no one who cannot get insurance elsewhere can be turned down. Her plan has a $2000 deductible. You can get a $500 deductible plan but it costs $1584 more per year than the $2000 deductible plan so even if you use a lot of medical services it is $84 cheaper to buy the $2k plan. Strange rate structure.
Note that thanks to the new Federal law this insurer goes out of business in 2014 when my daughter will be able to buy in the private sector and can't be turned down. I believe rates will be regulated at the state level through our insurance commissioner who will hopefully be pro-consumer and not pro-insurance company. The governor appoints the commissioner and the governor's seat is up in 2014 so we know which party we want to win the governor's seat.
http://www.mchamn.com/docs/10_std_rates.pdf
There is a six month pre-existing exclusion and no one who cannot get insurance elsewhere can be turned down. Her plan has a $2000 deductible. You can get a $500 deductible plan but it costs $1584 more per year than the $2000 deductible plan so even if you use a lot of medical services it is $84 cheaper to buy the $2k plan. Strange rate structure.
Note that thanks to the new Federal law this insurer goes out of business in 2014 when my daughter will be able to buy in the private sector and can't be turned down. I believe rates will be regulated at the state level through our insurance commissioner who will hopefully be pro-consumer and not pro-insurance company. The governor appoints the commissioner and the governor's seat is up in 2014 so we know which party we want to win the governor's seat.